France

4:09am

Sun May 20, 2012
Europe

Euros Not Austerity: Can Greece Have It Both Ways?

Originally published on Sun May 20, 2012 7:38 am

At the G-8 summit Saturday, French President Francois Hollande said he wanted Greece to stay in the eurozone and expected the country to meet its commitments. In saying so, Hollande identified the difficult debate which has gripped Greece for months now.

Most Greeks want to keep the euro as their currency. Most also want to cancel the eurozone-imposed austerity measures that come with the billions in international bailout loans keeping the country solvent.

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7:39am

Fri May 18, 2012
The Two-Way

Updated: French President Sticks By Quicker Troop Withdrawal Schedule

Originally published on Fri May 18, 2012 11:36 am

President Barack Obama meets with French President Francois Hollande on Friday in the Oval Office of the White House in Washington.
Pablo Martinez Monsivais AP

Update at 1:17 p.m. ET. Support Afghanistan In 'Different Way':

During their meeting in the White House, President Francois Hollande, the new socialist leader of France, said he told President Obama that he was committed to withdrawing French troops from Afghanistan by the end of the year.

But, the AP reports, Hollande said he was committed to supporting Afghanistan in a "different way."

This was Obama's first meeting with Hollande.

The two leaders also said they wanted Greece to remain a part the European monetary union.

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4:30am

Fri May 18, 2012
Economy

G8 Summit To Discus Greece's Troubled Economy

Originally published on Fri May 18, 2012 2:49 pm

Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.

2:43pm

Tue May 15, 2012
Europe

For New French President, Germany Is First Stop

Originally published on Tue May 15, 2012 3:46 pm

Francois Hollande stands up in his car Tuesday as he rides up the Champs-Elysees after taking the oath of office as the new president of France. Shortly afterward, he flew to Germany to meet with Chancellor Angela Merkel and discuss the continent's economic woes.
Regis Duvignau AP

As soon as new French President Francois Hollande was sworn in on Tuesday, he observed a postwar custom and reached out to Germany, in a move intended to underscore European solidarity and the importance of the alliance.

But it wasn't a relaxing social visit. Hollande's plane was struck by lightning en route to Berlin and had to return to Paris as a precaution. He then took another plane.

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8:34am

Tue May 15, 2012
The Two-Way

Francois Hollande Sworn In As New President Of France

Francois Hollande stands up in his car as he rides up the Champs-Elysees after taking the oath of office as President of France.
Regis Duvignau AP

Francois Hollande took the oath of office today in pouring rain as France's latest leader and lost no time in turning to the country's economic problems. One of his first acts was to cut his salary by nearly a third. Now he's flying to Germany to meet Chancellor Angela Merkel to talk about an unpopular European austerity program championed by his predecessor, Nicolas Sarkozy.

Their meeting should be interesting.

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